company-town

company town

noun
a town whose inhabitants are mainly dependent on one company for employment, housing, supplies, etc.

Origin:
1930–35, Americanism

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Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
company town
 
n
(US), (Canadian) a town built by a company for its employees

Collins English Dictionary - Complete & Unabridged 10th Edition
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